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5-Unit Apartment Building

330 Roosevelt Ave, Wenatchee, WA 98801

For Sale
$700,000

Four units have been remodeled, with tenant-paid utilities, on-site parking, and coin-operated laundry.

Property SizeContact for details
Days on Market144

Property Features for 330 Roosevelt Ave

General Information

Standard status Active
Property subtype Residential Income
Net Operating Income $55,913

Units

Unit Mix 1 x studio, 3 x 1BR/1BA, 1 x 3BR/1.5BA
Multifamily Units 5

Additional Details

Cap Rate 8%
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $5,365

Amenities

coin operated laundry
Listing Agency: Premier One Properties
Listed By: Jordan Uecker
Source: Exprealty
Added: Jun 19 Changed: Nov 3 Last Checked: Nov 8 at 11:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier One Properties

Rey
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Investment Insights

Based on property information with market context.

Located at 330 Roosevelt Ave in Wenatchee, this five-unit apartment property offers a varied residential configuration: one studio, three one-bedroom/one-bath units, and one three-bedroom/1.5-bath unit. Four units have been remodeled, while the fifth has been occupied by a long-term tenant. Utilities are paid by residents, and the property includes coin-operated laundry along with on-site and street parking.

The property is positioned near downtown Wenatchee, shopping, dining, and everyday amenities. The existing unit mix combines smaller apartments with a larger three-bedroom residence, providing different residential layouts within one property. The listing reports an estimated 8% cap rate and approximately $55,913 in Net Operating Income.

Key Highlights

  • Five‑unit apartment property with one studio, three one‑bedroom/one‑bath units, and one three‑bedroom/1.5‑bath unit
  • Four of the five units have been remodeled
  • Tenant‑paid utilities support the existing operating setup

Property Analytics

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Lease Details

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,901
Businesses Nearby

Demographics for 98801, WA

44,970
Population
18,034
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
85%
High-School Grad
153.6 sq mi
ZIP Area
293
Density / Sq Mi
$74,768
Median Household Income
$41,216
Median Earnings
$1,200
Median Rent
$429,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four units have been remodeled, with tenant-paid utilities, on-site parking, and coin-operated laundry.
Where is this apartment building located?
The property is located at 330 Roosevelt Ave Wenatchee, WA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Five‑unit apartment property with one studio, three one‑bedroom/one‑bath units, and one three‑bedroom/1.5‑bath unit; Four of the five units have been remodeled; Tenant‑paid utilities support the existing operating setup
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